Chastain Home For Gentlewomen
- Assets
- $6.4m
- Revenue
- $543.4k
- Investments
- $5.1m
- Employees
- 0
- Location
- Halifax, VA
- Founding
- 10/2005
- Data as of
- 06/2021
- EIN
- 20-2949635
Organization Overview
Chastain Home For Gentlewomen is located in Halifax, VA. The organization was established in 2005. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chastain Home For Gentlewomen is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Chastain Home For Gentlewomen generated $543.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $602.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Chastain Home For Gentlewomen has awarded 61 individual grants totaling $347,080. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINING HOME FOR ELDERLY WOMEN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tucker Henley Trustee | 0 | $3,200 | |
The Hon Michael M Rand President | 0 | $3,200 | |
Hugh G Edmunds Jr Trustee | 0 | $3,200 | |
Carl Espy IV Secretary | 0 | $3,200 | |
Connie Zamora Trustee | 0 | $3,200 | |
Jane Carlton Confroy Treasurer | 0 | $3,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41,629 |
| Dividends & Interest | $264,097 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $169,506 |
| Capital Gain Net Income | $169,506 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $68,123 |
| Total Revenue | $543,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,200 |
| Other employee salaries and wages | $263,789 |
| Pension plans, employee benefits | $0 |
| Interest | $1,656 |
| Taxes | $38,279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,116 |
| Printing and publications | $0 |
| Other expenses | $149,410 |
| Total operating and administrative expenses | $532,158 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $602,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,366 |
| Savings and temporary cash investments | $1,043,986 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $671,133 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,366,036 |
| Accounts payable and accrued expenses | $7,608 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,608 |
Grants Awarded
Over the last fiscal year, Chastain Home For Gentlewomen has awarded $70,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HALIFAX COUNTY VOLUNTEER FIRE ASSOC PURPOSE: GENERAL DONATION | $8,000 |
AMERICAN RED CROSS HALIFAX PURPOSE: GENERAL DONATION | $8,000 |
HALIFAX COUNTY RESCUE SQUAD PURPOSE: GENERAL DONATION | $8,000 |
HALIFAX COUNTY-SOUTH BOSTON REGIONA PURPOSE: GENERAL DONATION | $7,000 |
ST JOHN'S EPISCOPAL CHURCH PURPOSE: GENERAL DONATION | $7,000 |
HALIFAX POLICE DEPARTMENT PURPOSE: GENERAL DONATION | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
King Farm Presbyterian Retirement Rockville, MD | $301,432,870 | $34,783,503 |
Arbor Acres United Methodist Retirement Community Inc Winstonsalem, NC | $155,220,604 | $40,394,713 |
Chapel Hill Residential Retirement Center Inc Chapel Hill, NC | $120,640,930 | $31,949,437 |
Stoddard Baptist Global Care Washington, DC | $21,239,255 | $34,652,539 |
Carolina Village Inc Hendersonville, NC | $124,169,436 | $34,185,742 |
Galloway Ridge Inc Pittsboro, NC | $130,866,786 | $36,150,184 |
Kenton Housing Inc Latonia, KY | $68,380,829 | $31,745,821 |
Village At Orchard Ridge Inc Frederick, MD | $155,766,299 | $22,895,299 |
Virginia Lutheran Homes Inc Roanoke, VA | $83,707,371 | $28,580,430 |
The Lutheran Village At Millers Grant Inc Westminster, MD | $146,336,066 | $23,586,793 |
Mercy Ridge Inc Timonium, MD | $148,105,442 | $23,349,399 |
Maryland Masonic Homes Ltd Cockeysville, MD | $7,522,127 | $24,357,243 |